Gifts of Stock
A gift of stock is a great way to support Benedictine. If you have stock that has appreciated greatly in value, you may consider giving securities as a year-end gift. Giving long-term appreciated stock offers you a two-fold tax saving. First, you avoid paying capital gains tax on the increased value of your stock. Second, you receive a tax deduction for the full fair market value of the stock on the date of your gift to Benedictine.
Making a gift of stock to Benedictine is easy. Just inform your broker of your intention to make a gift, have him or her give the Foundation call, and the Foundation handles the rest! For more information contact: Barry Smale, Foundation Director, at 410-634-2292.